Debt Collection Myths – Partial Payment Stops Collections
You owe the full amount. Unless you have made an agreement with your creditor to settle the debt for less than the amount owed, a partial payment will not stop collections.
At best, a partial payment might buy you a little time when you are not getting calls, however, if you stop paying, collections are likely to start all over again.
Marcadis Singer, PA
5104 South Westshore Blvd.,
Tampa, Florida.
Phone: (813) 288-1881